A considerable impact for Armenians

In Armenia, the lack of insulation in housing, the intensity of the winter, and the limited purchasing power of part of the population make living conditions difficult. AFD and the Armenian National Mortgage Company (NMC) are working together to improve the energy efficiency of homes across the country, by facilitating access to microcredit for low- and moderate-income households to renovate their homes.
This ambitious program, launched in 2013, supports the initiatives of Armenian residents and farmers, particularly in the Syunik region, particularly vulnerable due to its proximity to Nagorno-Karabakh.
Report from Jemma and Sevak, two Armenian beneficiaries of the program. Through their testimony, we look at the impacts of the program on individuals.
Find out more about our action in armenia
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Link to the video:
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